Time to pivot to STEM?
In contrast to most other sectors, businesses in Energy and Defence are on track to post more vacancies this year than last.
Is London losing it’s competitiveness?
As salaries surge to match inflation, so businesses are shifting hiring away from the capital. In my previous post, recruitment is tidal, I referenced that in terms of macro job flow, what we are seeing is that 2023 is now mirroring 2019. However, there is one key distinction in that whilst activity in London is flat (vacancies in 2023 are currently on track to match 2019 exactly) outside the capital, we are seeing growth of 25.6% in terms of the monthly average, when comparing this year, to 2019, before COVID.
London – Regional Labour Market Trends, July 2023
London – Regional Labour Market Trends, July 2023 London recruitment levels down 38.2% on last year Key findings include: There has been a 24% dip in vacancies in Q2 2023 YOY IT drops from 31.5% to 26.1% of all professional vacancies Financial Services has risen...
Property Management – UK Real Estate Labour Trends, June 2023
Property Management – UK Real Estate Labour Trends, June 2023 PROPERTY MANAGERS IN DEMAND AS VACANCIES RISE 9% ON 2022 LEVELS Key findings include: 2022 was already 22% up on 2021, meaning 2023 is now at peak levels Real Estate Services companies...When others are fearful, be bold
At first glance, 2023 looks pretty bleak. After all, there has been a dip in vacancies, year on year, of 34% in terms of the monthly average. Businesses which for the last two years were just non-stop recruiting, this year have suddenly slowed down and for recruiters, there are many who are still adapting to this reality…
